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ed_mead

  1. Many foreigners I've spoken to don't trust HMG not to extend CGT on sales, 15% SDLT and levies to them hence why they're prevaricating.
  2. @ResiRichard Many lesser funds also invest in PCL funds themselves, so assuming its ONLY PCL funds affected is wrong. Losing PCL affects all
  3. @LucianCook @Saemmett pasties, Charities and THEN SDLT too much sadly. Funds will be exempt but quid PQ will be to bring funds (mgt) onshore
  4. @ResiRichard most funds are grossly diverse operations with small investors. Frankly 15% and levy sledgehammer to crack v small nut anyway.
  5. @Yolande_Barnes funds and estates exempt from 15% SDLT and levy BUT will be at cost of bringing any offshore based funds onshore.
  6. Report commisioned by developer in FT ft.com/cms/s/0/66da3a… has sensationalist headline. Clever developer, might find a desperate seller now?
  7. @MerrynSW No, but at least they aren't producing a negative yield and you can't live IN a bond if the balloon goes up.
  8. Capital flight from Southern Europe - negative yielding German Bonds or central London property. Evidence suggests London a serious option.
  9. Talking to overseas investors it seems #CGT changes at heart of decision of many to bail out of putting money into London's property market.
  10. Top end developers worried that there are far more super prime flats in pipeline than buyers out there. #SDLT changes won't be helping.
  11. @GeorgeFranks so Pimlico already taking business from 0% fee agents. When will people see through the ruse and realise 0% fee = 0% effort.
  12. @JonPrynn Now sit back and wait for the silly headlines, truth is LR data historic and on the ground buyers reaching limit of elasticity.
  13. @JonPrynn No, suspect you'll find it's a very small sample. As usual everyone concentrating on prices and not volumes.
  14. More than anecdotal evidence that developers powering top end of London and attracting the rich are losing interest in working here.
  15. In central London there have been 4 times as many sales just under £2m as at just over. Three times more have withdrawn at just >£2m
  16. Maybe a sign of what's to come but sensible sellers are taking offers and volumes are up. Spring market finally moving it seems.
  17. Amazing what a difference the sun makes to people's willingness to do deals. So why's it so difficult for the Greeks.
  18. This is weird, but in schoolboy fashion typed rudest word I could think of into search box and first in list of people was Rupert Murdoch.